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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2015
Dec. 31, 2014
Current Assets:    
Cash and Cash Equivalents $ 519 $ 474
Accounts Receivable, Net of Allowance for Uncollectible Accounts of $116 in 2015 and $108 in 2014 2,045 3,015
Inventories, Net 2,767 3,087
Deferred Tax Assets 291 303
Other Current Assets 893 1,065
Total Current Assets 6,515 7,944
Property, Plant and Equipment, Net of Accumulated Depreciation of $7,168 and $6,895 6,394 7,123
Goodwill 2,844 3,011
Other Intangible Assets, Net of Accumulated Amortization of $761 and $733 380 440
Equity Investments 83 106
Other Non-Current Assets 583 265
Total Assets 16,799 18,889
Current Liabilities:    
Short-term Borrowings and Current Portion of Long-term Debt 1,684 727
Accounts Payable 1,015 1,736
Accrued Salaries and Benefits 409 425
Income Taxes Payable 132 230
Other Current Liabilities 785 909
Total Current Liabilities 4,025 4,027
Long-term Debt 6,020 6,798
Other Non-Current Liabilities 1,000 1,031
Total Liabilities 11,045 11,856
Shareholders’ Equity:    
Shares - Par Value $0.001; Authorized 1,356 shares, Issued and Outstanding 779 shares at September 30, 2015 and 774 shares at December 31, 2014 1 1
Capital in Excess of Par Value 5,480 5,411
Retained Earnings 1,650 2,427
Accumulated Other Comprehensive Loss (1,447) (881)
Weatherford Shareholders’ Equity 5,684 6,958
Noncontrolling Interests 70 75
Total Shareholders’ Equity 5,754 7,033
Total Liabilities and Shareholders’ Equity $ 16,799 $ 18,889